Drilling & Completion

Courtesy Transocean
Deepwater Conqueror drillship
Drilling & Completion

Transocean drillship lined up for Gulf of Mexico activity

Oct. 19, 2024
Transocean has secured a one-year contract for a drillship in the US Gulf of Mexico.
Courtesy Beach Energy's "FY25 First Quarter Activities Report"
offshore_otway_basin
Courtesy BW Offshore
bw opal
ID 141091880 © Nikkytok | Dreamstime.com
Floater market expected to remain ‘muted’ into 1H 2025
Courtesy Serica Energy
Triton
Production

North Sea Bittern well delivers stable production

Oct. 3, 2024
Serica Energy has issued an update on the newly drilled B6 well on the Bittern field in the central UK North Sea.
Courtesy Constellation Oil Services
Laguna Star drillship
Rigs

Report: Slower than expected contracting activity puts a toll on ultra-deepwater rigs

Oct. 2, 2024
Demand for UDW floaters is not going away and is instead being pushed out, says Evercore ISI.
Courtesy Tower Resources
shallow-water Thali production sharing contract
Drilling & Completion

Tower in farm-out talks to support drilling operations offshore Cameroon

Oct. 2, 2024
Tower Resources expects to spud the NJOM-3 appraisal well offshore Cameroon in early 2025, the company said in an operations update.
ID 16236504 © Nightman1965 | Dreamstime.com
offshore rig shipyard jackup
Rigs

Offshore rig demand surges, yet new orders remain elusive

Sept. 30, 2024
Many contractors now shifting focus to reactivating stranded or cold-stacked units.
Source Westwood RigLogix
Awarded North Sea semisub contract days
Rigs

North Sea trends could cause drift of semisubmersible rigs to other regions

Sept. 27, 2024
The remaining pool of harsh-environment semisubmersible drilling rigs in the North Sea is down to 23, according to Westwood Global Energy Group’s RigLogix service.